Avanti Feeds Financial Statements

Avanti Feeds Balance Sheet

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2020 Mar-2018 Mar-2017 Mar-2016
Growth matrix (%)        
Revenue growth 21.30 29.70 29.60 13.30
Op profit growth (34) 107 43.60 27
EBIT growth (31) 108 44 31
Net profit growth (22) 107 36.90 35.90
Profitability ratios (%)        
OPM 11 20.10 12.60 11.40
EBIT margin 11.80 20.90 13 11.70
Net profit margin 8.42 13.20 8.24 7.80
RoCE 34.70 72.70 56.50 61.50
RoNW 7.11 13.40 10.20 11.40
RoA 6.18 11.50 8.96 10.30
Per share ratios ()        
EPS 28.40 103 49.80 33.90
Dividend per share 5.10 6 9 7
Cash EPS 22.70 93.10 44.50 32.40
Book value per share 103 227 140 93.10
Valuation ratios        
P/E 10.40 7.24 4.96 3.92
P/CEPS 13 7.99 5.56 4.09
P/B 2.86 3.28 1.77 1.43
EV/EBIDTA 7.27 13.80 9.45 7.09
Payout (%)        
Dividend payout -- 6.10 17.70 19.10
Tax payout (20) (34) (33) (34)
Liquidity ratios        
Debtor days 6.16 3.95 4.07 6.20
Inventory days 47.40 47.40 44.70 45.90
Creditor days (25) (36) (32) (24)
Leverage ratios        
Interest coverage (245) (239) (113) (128)
Net debt / equity (0.10) -- -- (0.10)
Net debt / op. profit (0.40) -- (0.10) (0.30)
Cost breakup ()        
Material costs (79) (71) (79) (76)
Employee costs (2.80) (3.30) (2.80) (2.90)
Other costs (6.90) (5.60) (5.40) (10)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Revenue 4,115 3,393 2,616 2,018
yoy growth (%) 21.30 29.70 29.60 13.30
Raw materials (3,264) (2,410) (2,071) (1,529)
As % of sales 79.30 71 79.20 75.80
Employee costs (114) (111) (73) (58)
As % of sales 2.76 3.27 2.79 2.88
Other costs (284) (190) (141) (202)
As % of sales 6.89 5.59 5.41 9.98
Operating profit 454 683 330 230
OPM 11 20.10 12.60 11.40
Depreciation (38) (24) (14) (10)
Interest expense (2) (3) (3) (1.80)
Other income 70.20 49.40 23.50 16.60
Profit before tax 484 705 337 234
Taxes (99) (238) (110) (79)
Tax rate (20) (34) (33) (34)
Minorities and other (40) (20) (11) (1.50)
Adj. profit 346 447 216 154
Exceptional items -- (0.80) 0.06 3.91
Net profit 346 446 216 158
yoy growth (%) (22) 107 36.90 35.90
NPM 8.42 13.20 8.24 7.80
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Profit before tax 484 705 337 234
Depreciation (38) (24) (14) (10)
Tax paid (99) (238) (110) (79)
Working capital 554 230 59.30 115
Other operating items -- -- -- --
Operating cashflow 902 674 272 260
Capital expenditure 319 271 88.50 79.10
Free cash flow 1,221 945 361 339
Equity raised 1,111 689 565 452
Investments 646 540 325 (7.20)
Debt financing/disposal (38) (29) (28) (34)
Dividends paid -- 27.20 38.30 25
Other items -- -- -- --
Net in cash 2,939 2,172 1,260 775
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2019 Mar-2018 Mar-2017
Equity capital 13.60 13.60 9.08 9.08
Preference capital -- -- -- --
Reserves 1,390 1,192 1,022 626
Net worth 1,404 1,206 1,031 635
Minority interest
Debt 1.57 9.34 6.87 19.30
Deferred tax liabilities (net) 25.30 27.50 26.30 12.70
Total liabilities 1,622 1,394 1,183 766
Fixed assets 297 302 314 255
Intangible assets
Investments 680 630 584 360
Deferred tax asset (net) 20.80 9.74 0.23 --
Net working capital 425 266 270 106
Inventories 544 379 525 356
Inventory Days 48.20 -- 56.50 49.60
Sundry debtors 88.80 48.60 50 23.40
Debtor days 7.87 -- 5.38 3.27
Other current assets 71.90 68.50 38.50 30.30
Sundry creditors (218) (182) (288) (252)
Creditor days 19.30 -- 31 35.10
Other current liabilities (61) (49) (55) (51)
Cash 199 187 14.40 45.10
Total assets 1,622 1,394 1,183 766
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2021 Dec-2020 Sep-2020 Jun-2020 Mar-2020
Gross Sales 1,098 915 1,132 955 1,035
Excise Duty -- -- -- -- --
Net Sales 1,098 915 1,132 955 1,035
Other Operating Income -- -- -- -- --
Other Income 18.40 28.20 18.70 27.60 11.60
Total Income 1,117 944 1,150 983 1,046
Total Expenditure ** 1,013 824 978 826 910
PBIDT 104 120 172 157 136
Interest 0.74 0.49 0.20 0.26 0.68
PBDT 103 119 172 156 136
Depreciation 10.30 11.70 9.55 9.43 9.60
Minority Interest Before NP -- -- -- -- --
Tax 24.20 22.80 37.30 35.20 31.50
Deferred Tax (1.60) (1.40) (0.10) (4.20) (4.20)
Reported Profit After Tax 70.20 86.20 125 116 98.70
Minority Interest After NP 0.47 11.20 13.70 11.90 11.70
Net Profit after Minority Interest 69.70 75 111 104 87
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item 69.70 75 111 104 87
EPS (Unit Curr.) 5.12 5.50 8.17 7.64 6.38
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- 500
Equity 13.60 13.60 13.60 13.60 13.60
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) 9.45 13.10 15.20 16.40 13.20
PBDTM(%) 9.39 13 15.20 16.40 13.10
PATM(%) 6.39 9.42 11 12.10 9.54
Open ZERO Brokerage Demat Account